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ORDINANCE NO. 845 (1980 Series)
AN ORDINANCE OF THE City Council of the
(Name of Governing) Body)
City of San Luis Obispo authorizing an
(Name of Public Agency)
AMENDMENT TO THE CONTRACT BETWEEN THE City Council
(Governing Body)
AND THE BOARD OF ADMINISTRATION OF THE CALIFORNIA PUBLIC EMPLOYEES' RETIREMENT SYSTEM.
The City Council of the City of San Luis Obispo _
(Name of Governing Body) (dame of Public Agency)
does ordain as follows:
SECTION 1. That an amendment to the Confract between the City Council
(Name of
of the City of San Luis Obispo and the Board of
Governing Body) (Name of Public Agency)
Administration, California Public Employees' Retirement System is hereby authorized,
a copy of said amendment being attached hereto, marked "Exhibit A ", and by such refer-
ence made a part hereof as though herein set out in full.
SECTION 2. The _ Mayor of the
(Title of Presiding Officer)
City of San Luis Obispo is hereby authorized, empowered, and directed to
(Name of Governing Body)
execute said amendment for and on behalf of said Agency.
SECTION 3. This Ordinance shall take effect _10 days after the date of its
adoption, and prior to the expiration of 3 days from the passage thereof shall be
published at least once in the San Luis Obispo County'Telegratq- Tribune
(Name of Newspaper)
a newspaper of general circulation, published and circulated in the _ City of
(Name of
San Luis Obispo and thenceforth and thereafter the same
Public Agency)
shall be in full force and effect.
Adopted and approved this 4th day of March 19 80
on motion of Councilman Jorgensen, seconded by Councilman Bo 1, and on t e ollow' roll
call vote:
AYES: Councilmembers Jorgensen, Bond, Bil;Z_ nd Mayor Coo er
NOES: None
ABSENT: None Attest: .
`Lynn 9. Coop
Cler itzpatrick I
PERS- CON -1 1 (Amendment) (;/ 78 )
0 845
AMENDMENT TO CONTRACT BET!;F..EN TY.E
BOARD OF ADMINISTRATIO`d
PUBLIC EMPLOYEES' RETIR Eli
E *y
AND THE
•
CITY COU14CIL
OF THE
CITY OF SAP! LUIS OBISPO
The Board of Administration, Public Employees' Retirement System, herein-
after referred to as Board, and the ,governing body, of above public agency,
hereinafter referred to as Public Agency, having entered into a contract under
date of June 9, 1952, effective July 1, 1952, and as amended effective
July 1, 1952, Octcber 1, 1962, October 3, 1963, October 1 ,197'+, June 1, 1976,
December 1, 1976, December 20, 1973, and January 16, •1980, which provides for
participation of Public Agency in said System, Board and Public Agency hereby
agree as follows:
A. Paragraphs 1 through 10 are hereby stricken from said contract as executed
effective January 16, 1930, and hereby replaced by the following para-
graphs numbered 1'through 10 inclusive:
1. All words and terms used herein which are defined in the Public
Employees' Retirement Law shall have the meaning as defined therein
unless otherwise specifically provided. "Normal retirement age" shall
mean age 60 for local miscellaneous and age 55 for local safety
members.
2. Public Agency shall participate in the Public Employees' Retirement
System from and after July 1, 1952 making its employees as
hereinafter provided, members of said System subject to all provisions
of the Public Employees' Retirement Law except such as apply only on
election of a contracting agency and are not provided for herein and
to all amendments to said Law hereafter enacted except such as by
express provisions thereof apply only on the election of contracting
agencies.
3. Employees of Public Agency in the following classes shall become
members of said Retirement System except such in each such class as
are excluded by law or this agreement:
a. Local Firemen (herein referred to as local safety members);
b. Local Policemen (herein referred to as local safety members);
C. Employees other than local safety members (herein referred to as
local miscellaneous members).
In addition to the classes of employees excluded from membership by
said Retirement Law, the following classes of employees shall not
become members of said Retirement System:
CROSSING
17
4. The fraction of final compensation to be provided for each year of
credited prior and current service as a local miscellaneous member
shall be determined in accordance with Section 21251.13 of said
Retirement Law (2p at age 60).
5. The fraction of final compensation to be provided for each year of
credited prior and current service as a local safety member shall be
determined in accordance with Section 21252.1 of said Retirement Law
(One -half pay at age 55).
6. The following additional provisions of the Public Employees' Retire-
ment Law which apply only upon election of a contracting agency shall
apply to the Public Agency and its employees:
a. Sections 21380 -21388 (1959 Survivors Program).
b. Sections 21263/21263.1 (Post - retirement survivor allowance), for
local safety members.
C. Section•20862.8 (Unused sick leave credit), for local miscel-
laneous and local fire members only.
d. Section 20952.5 (Age 50 voluntary retirement) for local safety
.members only.
e. Section 20024.2 (One -year final compensation), for local safety
members.
7. Public Agency, in accordance with Section 20740, Government Code,
ceased to be an "employer" for purposes of Chapter 6 of the Public
Employees' Retirement Law effective on June 1, 1976. Accumulated
contributions of Public Agency as of the aforementioned date shall be
fixed and determined as provided in Section 20759, Government Code,
and accumulated contributions as of the aforementioned date and
contributions thereafter made shall be held by the Board as provided
in Section 20759, Government Code.
8. Public Agency shall contribute to said Retirement System as- follows: .
0
a. With respect to miscellaneous members, the agency shall con-
tribute the following percentages of monthly salaries earned as
miscellaneous members of said Retirement System:
(1) 10.561 percent on account of the liability for current
service benefits.
(2) 0.266 percent on account of the liability for the 1959
Survivor Program.
b. With respect to local safety members,, the agency shall contribute
the following percentages of monthly salaries earned as local
Q�f ^�•:� ^embers of said F.etirement - System: ..
(1) 1.175 percent until June 30; 1982 on account of the
liability for prior service benefits.
3`
17
4. The fraction of final compensation to be provided for each year of
credited prior and current service as a local miscellaneous member
shall be determined in accordance with Section 21251.13 of said
Retirement Law (2p at age 60).
5. The fraction of final compensation to be provided for each year of
credited prior and current service as a local safety member shall be
determined in accordance with Section 21252.1 of said Retirement Law
(One -half pay at age 55).
6. The following additional provisions of the Public Employees' Retire-
ment Law which apply only upon election of a contracting agency shall
apply to the Public Agency and its employees:
a. Sections 21380 -21388 (1959 Survivors Program).
b. Sections 21263/21263.1 (Post - retirement survivor allowance), for
local safety members.
C. Section•20862.8 (Unused sick leave credit), for local miscel-
laneous and local fire members only.
d. Section 20952.5 (Age 50 voluntary retirement) for local safety
.members only.
e. Section 20024.2 (One -year final compensation), for local safety
members.
7. Public Agency, in accordance with Section 20740, Government Code,
ceased to be an "employer" for purposes of Chapter 6 of the Public
Employees' Retirement Law effective on June 1, 1976. Accumulated
contributions of Public Agency as of the aforementioned date shall be
fixed and determined as provided in Section 20759, Government Code,
and accumulated contributions as of the aforementioned date and
contributions thereafter made shall be held by the Board as provided
in Section 20759, Government Code.
8. Public Agency shall contribute to said Retirement System as- follows: .
0
a. With respect to miscellaneous members, the agency shall con-
tribute the following percentages of monthly salaries earned as
miscellaneous members of said Retirement System:
(1) 10.561 percent on account of the liability for current
service benefits.
(2) 0.266 percent on account of the liability for the 1959
Survivor Program.
b. With respect to local safety members,, the agency shall contribute
the following percentages of monthly salaries earned as local
Q�f ^�•:� ^embers of said F.etirement - System: ..
(1) 1.175 percent until June 30; 1982 on account of the
liability for prior service benefits.
;+
(2) 17.555 percent on account of the liability for current
service benefits.
C. A reasonable amount per annum, as fixed by the Board to cover the
costs of administering said System as it affects the employees of
Public Agency, not including the costs of special valuations or
of the periodic investigation and valuations required by law.
d. A reasonable amount as fixed by the Board, payable in one install -
ment.as the occasions arise, to cover the costs of special valua-
tions on account of employees of Public Agency, and costs of the
periodic investigation and valuations required by law.
9. Contributions required of Public Agency and its employees shall be
subject to adjustment by Board on account of amendments to the Public
Employees' Retirement Law, and on account of the experience under the
Retirement System as determined by the periodic investigation and
valuation required by said Retirement Law.
10. Contributions required of Public Agency and its employees shall be
paid by Public Agency to the Retirement System within thirty days
after the end of the period to which said contributions refer or as
may be prescribed by Board regulation. If more or less than the
correct amount of contributions is paid for any period, proper
adjustment shall be made in connection with subsequent remittances, or
adjustments on account of errors in contributions required of any
employee may be made by direct cash payments between the employee and
the Board. Payments by Public Agency to Board may be made in the form
of warrants, bank checks, bank drafts, certified checks, money orders
or cash.
B. This amendment shall be attached to said contract and shall be effective on
the day of It 19_
Witness our hands the day.of , 19_
BOARD OF AD14INISTRATION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
BY
Carl J. Blechinger, Executive Officer
Approved as to form:
' / %U
Cy bia G. Bes:aer, Legal Office, Date
CITY COUNCIL
OF THE
CITY OF SAP! LUIS 0BISP0
BY
Pre3jding- Oices ;`
ff
Attest'
Clerk
PERS CON -702
l�
;+
(2) 17.555 percent on account of the liability for current
service benefits.
C. A reasonable amount per annum, as fixed by the Board to cover the
costs of administering said System as it affects the employees of
Public Agency, not including the costs of special valuations or
of the periodic investigation and valuations required by law.
d. A reasonable amount as fixed by the Board, payable in one install -
ment.as the occasions arise, to cover the costs of special valua-
tions on account of employees of Public Agency, and costs of the
periodic investigation and valuations required by law.
9. Contributions required of Public Agency and its employees shall be
subject to adjustment by Board on account of amendments to the Public
Employees' Retirement Law, and on account of the experience under the
Retirement System as determined by the periodic investigation and
valuation required by said Retirement Law.
10. Contributions required of Public Agency and its employees shall be
paid by Public Agency to the Retirement System within thirty days
after the end of the period to which said contributions refer or as
may be prescribed by Board regulation. If more or less than the
correct amount of contributions is paid for any period, proper
adjustment shall be made in connection with subsequent remittances, or
adjustments on account of errors in contributions required of any
employee may be made by direct cash payments between the employee and
the Board. Payments by Public Agency to Board may be made in the form
of warrants, bank checks, bank drafts, certified checks, money orders
or cash.
B. This amendment shall be attached to said contract and shall be effective on
the day of It 19_
Witness our hands the day.of , 19_
BOARD OF AD14INISTRATION
PUBLIC EMPLOYEES' RETIREMENT SYSTEM
BY
Carl J. Blechinger, Executive Officer
Approved as to form:
' / %U
Cy bia G. Bes:aer, Legal Office, Date
CITY COUNCIL
OF THE
CITY OF SAP! LUIS 0BISP0
BY
Pre3jding- Oices ;`
ff
Attest'
Clerk
PERS CON -702